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Saturday, 3 August 2013

SRS - Closing status 2 August

Sold away First Reit 5 lots in this week for nett gain of $39.  I have divested it away before it went XD on 2 Aug so l will not get its full dividend amount (5 lots x $0.0086 = $43).  Even though the nett gain is slightly lower than the full dividend amount but l have already collected it in advance instead of waiting for its payment date in one month's time on 29 Aug.   Will re-invest into First Reit, hopefully at lower share price levels.

Added CM Pacific 5 lots so my total holding in it now at 8 lots.  It will announce its 2nd Qtr results on Wednesday 7 Aug.  Gauging from its low daily volume l think its 2nd Qtr results will be in line with "business as usual" type and so, it is likely to declare a usual dividend rate of $0.025-$0.0275.  It will probably unveil its next action plan on the recent failed disposal of its property development business in New Zealand.  

 Invested into SingPost 5 lots in this week under SRS portfolio.  I have already collected its dividends in advance when l have divested 10 lots of it away in last week.  Let's see whether l can be 2nd time lucky this time round or keeping it as a "forced" passive income investment.  I have always like SingPost for its predictable dividend rate.


Portfolio walk since previous posting :-

+$7,659 Total Returns as of 26 July

+$39 Gain on sales of First Reit

-$280 Unrealised positions worsened

+$7,418 Total Returns as of 2 August

previous posting :- SRS - Closing status 26 July

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